Cape Girardeau Area and Southeast Missouri Commercial Real Estate...
 

LOCAL JOHN DEERE DEALERSHIP TO BUILD NEW FACILITY

.Willam Nobbe John Deere Dealership Proposed new Facility to be Built on E. I-55 Outer Road

Scott City will welcome a new major business with William Nobbe and Company’s purchase of an 11-acre tract located on the East Outer Road along Interstate 55 directly across from the Cape Girardeau Regional Airport.  Tom Kelsey, commercial broker with Lorimont Place, Ltd. who handled the sale said the Illinois based John Deere dealership intended to invest several million dollars in a dealership facility at the high traffic and visibility location. 

The site is directly south of Macke Farm Supply and located within the city limits of Scott City.  The city and county will both benefit from both the additional property taxes and ultimate sales taxes the business will generate.

The company is presently located at Old Orchard Road and Highway 61 in Jackson and a lawn and garden retail store on South Kingshighway in Cape Girardeau.  The company is a fourth-generation family business started in 1907 based in Waterloo, Illinois with other locations in Jerseyville and Steelville, Illinois. 

In addition to John Deere, they are also authorized dealers for several other lawn and garden equipment lines and farm and leisure products.  The company offers sales, service and parts for all of its products.

Kelsey said it was his understanding the company would build as much as 50,000 square foot of buildings on the 11-acre site including a 38,000 square-foot showroom, office, shop building with possibly a separate 12,000 square-foot warehouse.  The company recently completed a new dealership facility in Jerseyville, Illinois (shown in the picture above) and wanted to incorporate a similar design for this location.

The property is located in the Gene Rhodes Industrial Park and will be directly on the new East Outer Road extension connecting the main area of Scott City to the industrial commercial area.  This will be accomplished with the construction of a new bridge to be built over Ramsey Creek in the near future funded primarily by the State Highway Department. 

Kelsey, who negotiated with the buyers for several months, said the property was purchased from the Gene Rhodes family in an area of over 500 acres of available development land that his brokerage company has been marketing and selling for them within the last several years. No sales price was disclosed, however the Lorimont website indicated land in that area was priced at $50,000 to 60,000 per acre.

 
© 2008 Lorimont Place, Ltd.    276 S. Mount Auburn Road    Cape Girardeau, MO 63703    Phone: 573-334-5200    Fax: 573-332-7979